News about investment: events, facts and developments on tafs uz.
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Meeting notes service Otter.ai announced it raised $320 million from General Catalyst's Customer Value Fund — a fund providing capital without equity dilution. The funds will go toward enterprise growth, international expansion, and product development. The company previously surpassed $100 million ARR, and its product has been used by 40 million people.
Javlon TursunovAccording to PitchBook, in 2025 investors from the US took part in 76 deals involving German industrial companies worth about $29.5 billion — nearly twice as much as in 2022. Among the high-profile deals are the sale of ebm-papst to Madison Air for $5.4 billion and the purchase of BASF Coatings by the Carlyle fund together with QIA for €7.7 billion. Experts link the interest to the absence of heirs among family business owners and moderate company valuations.
Javlon TursunovRepresentatives of six Egyptian companies — Famot, Delta, Modern Farming, SOBEK, Fruits and Pureland — at a meeting with Uzbek diplomats discussed cooperation in agriculture, livestock farming, irrigation and development of new lands. The parties agreed to organize a visit of Egyptian specialists to Uzbekistan to study opportunities and prepare concrete projects.
Javlon TursunovOn October 15–16, a delegation of Larsen & Toubro, Adani Group and Reliance Industries visited Uzbekistan. The guests were presented with New Tashkent development plans; the companies declared their readiness to prepare cooperation proposals, and Reliance announced its readiness for partnership in solar energy.
Nilufar KarimovaOn October 19, the second meeting of the American-Uzbek Business and Investment Council was held in Samarkand with the participation of Shavkat Mirziyoyev, US Secretary of State Marco Rubio, and special envoy Sergio Gor. A package of 54 agreements and initiatives worth about $12 billion was formed. Mirziyoyev announced a transition to a 'plug and play' model for investors and proposed developing a trade, investment, and technology cooperation program through 2035.
Nilufar KarimovaOn October 19, President of Uzbekistan Shavkat Mirziyoyev took part in the second meeting of the American-Uzbekistan Business and Investment Council in Samarkand. The event was attended by US Secretary of State Marco Rubio and Special Representative of the US President Sergio Gor. Mirziyoyev named mineral processing, energy, data centers, AI implementation, and personnel training as priority areas.
Dilnoza RahimovaOn October 19 in Samarkand, President of Uzbekistan Shavkat Mirziyoyev received US Secretary of State Marco Rubio, who arrived for the ministerial meeting in the 'C5+1' format and the second meeting of the American-Uzbek Business and Investment Council. Agreements worth $12 billion were reached at the council meeting. Trade turnover between the two countries has grown by 35% since the beginning of the year. Rubio conveyed greetings from Donald Trump and spoke of a 'renaissance of commercial diplomacy' in the region. Mirziyoyev presented state awards to Rubio and Sergio Gor.
Aziz KarimovOn October 19, the President of Uzbekistan held separate meetings with the heads of the American companies Franklin Templeton, Wabtec and Traxys. They discussed the transformation of state-owned enterprises and IPO preparation, locomotive fleet renewal and service centers, as well as projects in the field of critical minerals. Earlier, during the visit of the American delegation, 54 agreements worth $12 billion were signed.
Dilnoza RahimovaDuring the visit of an American delegation to Uzbekistan, a package of 54 agreements in trade, investment and technological cooperation was signed, with an expected deployment of $12 billion. The agreements cover industry, infrastructure, critical minerals, finance, digital technologies, agriculture, healthcare and education. Representatives of more than 400 companies took part in the business program.
Nilufar KarimovaOn October 19 in Samarkand, President of Uzbekistan Shavkat Mirziyoyev received the President and CEO of Franklin Templeton, Jenny Johnson. The parties discussed the results of the first international IPO of the National Investment Fund, which raised about $700 million with demand exceeding supply by more than four times, as well as plans to expand citizen participation in future offerings.
Nilufar KarimovaCemil Kazancı, chairman of the board of the Turkish company Aksa, said after a meeting with President Shavkat Mirziyoyev on October 16 that the company expects to sign agreements within a week on managing the distribution power grids of three regions, expanding the operations it began in Samarkand region.
Nilufar KarimovaOn October 16, Shavkat Mirziyoyev met with participants of the Council of Investors in the fuel and energy sector. Sinoma Energy Conservation announced the completion of its first solar power plant project with a battery storage system in the Navoi region, while China Energy International and CAMCE noted plans to expand cooperation.
Nilufar KarimovaAt the annual IMF and World Bank meetings in Bangkok, economists and policymakers discussed AI's role in global growth. According to the IMF, AI investment cushioned the shock from rising energy prices caused by the war in the Middle East, but a slowdown in investment could reduce global GDP by 0.4% by 2028.
Dilnoza RahimovaOn October 16, the first meeting of the Investors' Council in the fuel and energy sector was held in Tashkent. President of Uzbekistan Shavkat Mirziyoyev met with executives of companies from Azerbaijan, the UK, the UAE, China, Turkey, Saudi Arabia and Oman. The discussions covered the development of deposits on the Ustyurt plateau, green energy, thermal power plants, a logistics hub in the Andijan region, and preparations for the visit of US Secretary of State Marco Rubio.
Nilufar KarimovaRepresentatives of Uzbekistan's Ministry of Investments, Industry and Trade and the Ministry of Digital Technologies held an online meeting with Ericsson's leadership. The company called Uzbekistan a strategically important market and outlined possible areas of cooperation: 5G networks, radio systems, and upgrading telecom infrastructure. A visit by an Ericsson delegation to the country is planned by the end of 2026.
Sardor QodirovUzbek President Shavkat Mirziyoyev met with the chairman of the board of directors of Oman's Voltamp Energy, Sayyid Ayman al-Busaidi, at the first meeting of the Investors' Council in the fuel and energy sector. The parties agreed to implement the company's current and new projects based on a 'roadmap'; key topics are the construction of solar photovoltaic power plants and the production of high-voltage transformers.
Nilufar KarimovaHead of the Administration of the President of Uzbekistan Saida Mirziyoyeva held a meeting with Peter Lee, chairman of the Hong Kong holding Henderson Land Group. The parties discussed joint projects in renewable energy, New Tashkent infrastructure and education. Mirziyoyeva stated that the country is open to investment and ready to support initiatives, including through the Tashkent International Financial Center.
Aziz KarimovHead of the Administration of the President of Uzbekistan Saida Mirziyoyeva met on October 16 with Peter Lee, chairman of the board of the Hong Kong holding Henderson Land Group. The parties discussed cooperation in renewable energy, development of New Tashkent infrastructure and education, as well as support for initiatives through the Tashkent International Financial Center.
Aziz Karimov
